NEW DELHI: Tata Motors Ltd is slated to come out with its third quarter results for the financial year 2013 on Thursday. The company is expected to report a 33 per cent drop in its consolidated net profit for the quarter ended December 31 to Rs 2280 crore compared to Rs 3406 crore reported in the year-ago period, according to ET Now estimates.

Incremental domestic business is likely to remain weak due to a 10 per cent drop in volumes YoY. Higher discounts in domestic markets are likely to impact realizations, which are down 5 per cent YoY.

Revenues for the global auto giant are likely to grow by 6.3 per cent for the December quarter to Rs 48,100 crore from Rs 45,260 crore reported in the year-ago period.

EBITDA is seen at Rs 6250 crore, or 8.5 per cent jump in the third quarter of the financial year 2013, compared to Rs 6,827 crore in the year ago period. EBITDA margins are likely to contract to 13 per cent in Q3 from 15 per cent reported in the year ago period.

JLR margins are also likely to contract to 13.90 per cent compared to 14.8 per cent reported in the year-ago period, while net profit for JLR is also likely to take a hit in Q3 by 6.6 per cent on a QoQ basis to GBP 285 million compared to GBP 305 million reported in the previous quarter.

Earlier in the week, Tata Motors said its global sales fell by 15.59 per cent in January to 1,01,112 units over the same period in the previous year. The company had sold 1,19,799 units during the corresponding month in 2012.